Hey im new to this forum and following this thread recently.......I was wondering though which books can you use to buy 3 points all the time because i know someone said they used betjamaica but they stopped allowing them to bet since they had won so much money......is there any books that are really good that will allow you to do this without taking off that feature.....im just worried because i only use betjamaica atm......thanks
-
Comment -
Listen, LT Profits does NOT know what he is talking about. There are still people that think the earth is flat....I am assuming he is probably one of them.Comment -
!
I've already forgotten more about gambling than you will ever know rookie!
Trust me, any "system" that requires you to double your wager for no other reason than because your previous play lost is doomed to ultimately fail. The fact that it has won so far is simply Fool's Gold. It is just basic Math, This won't win forever.Comment -
LT,
You're right, it is simple math. If you break the system down to the simplest form it's this.
The Lakers are going on a 3 game East Coast Swing. Do you feel confident that they will win 1 out of those three games against any of the 3 teams they're playing?
I personally like the system because it's simple. There's a statistcal probability of over 95% of the time that a East/West coast team playing against the other will win 1 game on the trip.
I don't know what the percentage is prior to the 2004-2005 NBA season but 4+ years is enough for me.
2004-05 season: 68 wins – 2 Losses 97%
2005-06 season: 71 wins – 3 Losses 95%2006-07 season: 66 wins – 2 Losses 97%2007-08 season: 80 wins - 1 Loss 98%
This season it's at 100% thus far. The gambling part comes in on which of the series not to bet.
Comment -
Listen - I only have a few last things to say. DO NOT simply look for teams that go on a 3 game series and bet them blindly. My whole point here is that IF you add FILTERS you can eliminate a Loss or 2. Which is HUGE.
For that reason Washington will NOT be a bet. They are one of the worst in the entire league and will not be included!!!
I will not be adding any further information. I've been critized a lot for MAKING PEOPLE MONEY.
LT - With filters this system has been Extremely profitable. If you were to bet it blindly you would lose long term for sure. However what I'm trying to preach is that you cap the games, check for injuries, trends, etc. This system alone may not be perfect - HOWEVER it can be a tool used to gain MASSIVE profits.
I wouldn't call a 'system' - "Fool's Gold" if it has made me over $50,000 for 5 years straight.
Thanks for your opinion though!Comment -
If the record is that good, just use Kelly to figure out your wager on each individual game. The problem I have with the system is doubling up just because the previous play lost. A play is NOT twice as likely to win because the same team lost its last game, which is the implication you are making by doubling up. You are better off using Kelly and applying a rather high win expectancy to the play.Comment -
I will track it... place money on it? That remains to be seen. Be careful and responsible everyone.Comment -
I used the system twice already, its 2 for 2.
JM is the man.Comment -
LT is making a very valid point. And again that is why i've brought this to the table. The system overall works. There is NO doubt. But there are issues to address. That is why I offer my spin on things.Comment -
Are you going to be posting plays in this thread each day, or is it required that we sign up for the email list?Comment -
There is an incredible misunderstanding of this system and what systems do....especially by so called experts like LT Profits. Systems like this come up after doing heavy statistical analysis. This system is PROVEN.
Sometimes there is no rhyme or reason for something working so well....it just does. So all of the doubters can continue to doubt. The rest of us will continue to make money using a system that is pretty darn easy to use.
And by the way, if you are using proper money management techniques you will NOT lose all of your money after three straight COMPLETE chase system losses. That is just a ridiculous comment.Comment -
The bottom line is, this system works at the percentages already mentioned, and who wants to try it, should try it, who doesn't of course can stay out of it. There are risks, there's reason why it's called gambling, and once you put your money in, you have to be aware there's a possibility to lose them. I've played according to this system for about a week, and I've made 6 times of my initial deposit so far. I'm aware it can fail at some point, and the gambling I'm willing to take is that it will happen later than sooner. So every one should take full responsibility for it's own decisions, while the author of this thread is doing a great job sharing a system that worked for him in the past few years, and I hope he will continue doing that
Comment -
Lt, you got a system to share?Comment -
Hey JM,
So excluding Was, the plays for Jan 19 would be Cle and Dal correct?Comment -
This is how I play it, others will do it differently and I think JohnMorr does do it differently.
If you have a $10,000 bankroll I STRONGLY advise you to start with $100 as the base unit play on game one and then go from there.
Example: If you start with $100 as a base unit and buy the points then you would be playing $170 to win $100 on the first game.
Now if you lose that first game you will play the $170 you lost PLUS the $100 you want to win. So you would then play $270 against -170 (three point buy).
If you lose game two you would take the loss from game one, the loss from game two, and the $100 you want to win on the series and bet it against -170 on the third game.
Now -170 starting with $100 as your base unit is more than 1% of your bankroll but you should be pretty safe with that.
You can go even lower and bet 1/2%, which would be a base unit of $50.
The bottom line is that with good money management techniques, and a good chase system like this, you will RARELY lose. And when you do lose a chase you will then take those losses, divide them as you see fit, and spread them out over other chases.
It is really amusing to see certain people here continue to knock those of us that know this system and have used it for quite awhile. This system is NOT new...it has been around for a long time and done really really really well.
The key is money management and continuing with the chase. It rarely goes to game three.Comment -
I have to agree with LT here. Doubling your bet just cuz you lost is not smart. I don't care if the Morrison system is 300 and 0. Why not double your bet and place it on a team that you have done your homework on.
Play the Morrison bets straight up. Don't buy any points just for the sake of buying points. Buy them for a good reason. Not because John Morrison told you to.
LT is 100% right. In my opinion.Comment -
The DAL lines aren't open yet.....any idea of what will be??Comment -
FYI - When I said John Morrison on my last post I did not mean the person JohnMorr08. Most of us know that JohnMorr08 is not the real John Morrison.
And JohnMorr08 don't take my comments the wrong way. The filters that you have placed on the System plays do make it less hazardous for the person placing the bets. I think you are a tremendous handicapper, but not because of the System plays, but based on some of your other plays I have seen you put up. I actually do bet the System plays and I buy a point or 2 every now and again when I think its worth the money. But I look at the matchup and I look at the spread and other factors that may exist. For example, if the Golden State Warriors had lost their Bet A and were about to go against a very hot Orlando Magic team and I thought the spread was not in favor of Golden State then I simply won't make the bet. This year has been lucky and many games have stopped at Bet B. But you can be rest assured that some bets will go to Bet C this year and anytime a bet goes to Bet C that means you are betting on a team that has at least a 2 game losing streak. A team that is on a slide can definitely be blown out especially playing on the road travelling all the way across the country. Sometimes the lines won't take those factors into their play. Its our job as handicappers to find out when the line is not correct and we must use our instincts to avoid pitfalls.
This is all my opinon of course and I have nothing against anyone who wants to simply follow the system.Comment -
No, what has been PROVEN time and again is that all Martingale systems fail. Just because this system had won for years doesn't mean it will not hit a losing streak, and it won't take much of a streak to wipe out all your profits (which is different than going "broke"). And the fact that you even admit that there is "no rhyme or reason" to why that has worked for so long is actually the strongest argument that this method will ultimately regress to the mean.Comment -
mods, how come this thread is not in the sports and promotion section?Comment -
If you bet fixed percent of bankroll, I'd recommend 2.5%. So your first bet would be 250, and then you adjust your bets as the BR changes. If you are a Kelly bettor, you have to handicap each game on its individual merits, and if you think you have an edge, apply that edge to the Kelly formula. If you are not using either of these methods, chances are you will lose in the long run anyway.
Comment -
CashMoney, JohnMorr,
By adding filters and selectively leaving out teams, you are actually HANDICAPPING the games and not following the system por se. So that being the case, test how different your results would be using Kelly or % of BR instead of doubling ater a loss.Comment -
If you bet fixed percent of bankroll, I'd recommend 2.5%. So your first bet would be 250, and then you adjust your bets as the BR changes. If you are a Kelly bettor, you have to handicap each game on its individual merits, and if you think you have an edge, apply that edge to the Kelly formula. If you are not using either of these methods, chances are you will lose in the long run anyway.
I'd recommend 0% on all of them
Comment -
Rookies and squares on parade.
As long as we have people who operate at this level of thinking, the industry will be safe and healthy for a long time.
doubling your bet because you lost
Comment -
y dont we stop arguing and just let mor post his plays and see what the record is..........Comment -
LT is right, I played a Martingale system in baseball last year(That I tracked 5 years back and it won over 100 units every year) playing underdog to win one game in a given series, make a long story short, I was bankrolled by all-star break! I used strict money management even lowering starting bet as system went cold. I continued to track it after the break and it also lost, huge! I think LT has a point, but that does not mean we should throw in the towel. I have been following this system for a while, and its been very profitable so far. John Morr is doing a good job providing info (keep up the good work!) and I think with filters this will be profitable, but just remember just because something works today doesn't mean it will work tomorrow. Becareful, there is no such thing as free money in this game, but don't let me discourage you from playing this system as I haven't learned my lesson and I am on this system also. I will stck with it till I lose 2 bet c's. Hopefully, it won't come to that! Good Luck!
Comment -
LT is Not a Tard
LT is quite knowledgable on this whole gaming thing. He has shed much light on the whole RLM theory.
Doubling up on the next bet is no different than sitting at a blackjack table and doubling your bet each and every hand until you win a hand. You would then make back all of your previous losses. How many people play this way when they sit at a blackjack table? Almost no one - but what are you odds of losing every single hand while you are sitting there? This "chase your bet" strategy can be used in many different gambling applications.
Comment -
You are right, the Martingale system has been around for 100's of years and been used in every aspect of gambling. The only problem with the system is unless you have an infinite bankroll, you will go bust eventually!LT is quite knowledgable on this whole gaming thing. He has shed much light on the whole RLM theory.
Doubling up on the next bet is no different than sitting at a blackjack table and doubling your bet each and every hand until you win a hand. You would then make back all of your previous losses. How many people play this way when they sit at a blackjack table? Almost no one - but what are you odds of losing every single hand while you are sitting there? This "chase your bet" strategy can be used in many different gambling applications.Comment -
The one point I would add... Buying 6 half-points for 60 cents is valid, and I would call it "off-market".Comment -
I don't use the double down method. If I lose an A Bet I do place a B Bet but look for much less of a profit. If I am trying to win $100 on Bet A and it doesn't come through I look to recoup my initial lose and try to win back between $20-$50 depending on how I feel about the game.
Of course I do chase but am not totally comfortable with doubling down every time, especially if I have to put up a couple grand just to make a couplel hundred. On C bets I sometimes look just to break even.Comment
